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via finance.yahoo.comBusiness & Companies

Iridium (NASDAQ:IRDM) exceeds Q3 2026 expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Iridium (NASDAQ:IRDM) Exceeds Q3 2026 Expectations Satellite communications provider Iridium announced better-than-expected revenue in Q3 2026, with sales up 8.3% year on year to $245.7 million. Its GAAP profit of $0.98 per share was significantly above analysts' consensus…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRevenue and earnings above estimates for a satellite operator suggest support for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 revenue was 245.7 million dollars, up 8.3% year over year.
  2. 02GAAP EPS was 0.98 dollars versus analyst estimates of 0.32.
  3. 03Subscribers reached 2.7 million, up 705,000 year over year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Iridium Communications Inc.IRDMStock44.18 USDMarket closedtoday +0.96%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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